An IMF report finds Greek house prices have risen 85% since 2017 compared to 47% income growth, with two in five households overburdened by housing costs. The Fund attributes the gap primarily to a chronic supply shortfall, while also citing investor and golden visa demand as contributing factors.
A local resident discusses conditions for newcomers in Málaga, covering rising rents, expat community dynamics, learning Spanish, and local attitudes toward foreign residents.
Selling property in Bermuda without an agent is legally permitted and avoids the standard 5% sales commission, but sellers must still engage a licensed local attorney and comply with Bermuda's conveyancing rules and stamp duty requirements.
Retail in Bermuda is characterized by locally owned shops, grocery prices significantly higher than in North America or Europe, and typical weekday store hours of 9am to 5pm. All retail operates within a compact island economy.
Greece offers foreign retirees a flat 7% tax rate on foreign-sourced income for up to 15 years under its retirement tax regime.
A developer with 16 years of experience in Panama's Casco Viejo historic district discusses property prices, government tax incentives for historic restoration, and ongoing redevelopment in the area. Topics include the Plaza Santa Ana project and Panama's broader appeal to foreign investors and expats.
Buyers at The One apartment development in Glyfada, Athens qualify for the Greece Golden Visa program, which grants residency and visa-free travel within the Schengen Area.
A residential development called North Village in Athens is being marketed to Golden Visa investors. A pre-sale discount is available until August 31st.
The Greek Golden Visa programme offers investors a choice between real estate and investment fund structures as qualifying routes to residency. The article compares the two options for investors considering the programme.